When it comes to leasing either residential or commercial property in Oregon, the landlord must keep a check on the tenant’s background. The rental industry in Oregon has ensured tenants who rent a property are credible and belong to a trustworthy background.
If you are looking to lease a property in Oregon State, make sure you know what is included in the Oregon rental application. Moreover, the rental application ensures landlords that potential tenant is eligible for renting a property.
So let’s discuss what exactly is Oregon rental application, why is it important and what is included in this rental application. In addition, we will also discuss what regulations govern Oregon rental application.
What Is Oregon Rental Application?
In Oregon, property owners use Oregon rental applications to collect information from applicants who are interested in rental property. Oregon landlords use this application form to verify the eligibility of potential applicants.
Fundamentally, Oregon rental application is a legal document that is used by the landlord to find an ideal candidate for their vacant rental unit. Precisely, this application collects personal information of applicants and provides the landlord with the creditworthiness of applicants.
More particularly, this application asks applicants to provide their employment history, credit history, current financial status, income records, and criminal records. With the help of Oregon rental housing application, landlords are capable of making well-informed decisions.
This personal look into the credentials of the applicant allows the landlord to choose a credible tenant who can afford the monthly rent. For the process of this rental application, Oregon tenants are charged a fee that is no more than $100.
In brief, Oregon rental application enables landlords to assess whether the interested applicant is eligible to lease property or not. Of note, screening of potential tenants happens before the property owner considers entering into the rental agreement.
Why Is It Important to Have Oregon Rental Application?
Before presenting the Oregon lease agreement to the applicants, they must be screened using the rental application. Rental application Oregon enables property owners to determine whether the tenant is capable of paying fixed rent every month and on time.
With this rental application form, both landlords and interested applicants can deal with potential rent-related issues. Oregon rental application safeguards landlords, agents, and other property managers from unfair discrimination allegations.
Moreover, rental application Oregon not only assists property owners in finding the right tenant but also in determining whether applicants are eligible for the Oregon lease agreement. This rental agreement is presented after the screening of potential tenants.
In order for landlords to maintain a positive relationship with tenants, it is crucial to verify their income history, criminal record, as well as their relationship with the former landlord. Both landlords and tenants need to comply with Oregon landlord-tenant laws.
Above mentioned are some of the benefits of Oregon rental application that makes it a vital form among Oregon landlords and tenants. Based on the information provided by the tenant, the landlord decides whether to lease property or reject the tenant’s application.
What Are Included in the Oregon Rental Application?
Oregon rental application includes various sections that must be filled by applicants to assess their eligibility. Fundamentally, the rental application form Oregon consists of 5 sections.
These include personal information, previous rental history, current and previous employer, number of occupants, vehicle information, and other information.
The first section requires details about the applicant’s full name, email address, date of birth, phone number, current address, city, etc. In addition, information about the current landlord is also required.
Furthermore, the applicant must provide information about the current employer, his phone number, address, city, position, and employment duration. Moreover, if there is any self-employment history, it must be disclosed.
In section 2, details about rental payments are required. For instance, maximum potential rent and security deposit. Of note, the information provided in this section is subject to change before the execution of the Oregon rental agreement.
In the 3rd section, applicants must also disclose the number of occupants and information about vehicles, including its model, color, state, and license plate number.
After that, there is a 4th section for other information that requires approval for pets on rental property. Additionally, applicants must provide contact details of another person who could be contacted in case of any emergency.
In the 5th section, the applicant must provide details about their credit history, such as the name of the bank, phone, and address.
Regulations in Oregon Governing Rental Applications
Oregon landlord and tenant laws govern the Oregon rental applications. These regulations must be followed by both tenants and landlords to deal with rent-related issues and future liabilities.
Oregon regulations ensure that the rights of both parties are protected, which assists in avoiding unnecessary conflicts. These regulations assist the landlord in maintaining a positive relationship with tenants throughout the lease period.
Under federal laws, landlords cannot discriminate among applicants based on their race, color, religion, familial status, sexual orientation, disability, etc. As per FCRA (Fair Credit Reporting Act), the landlord must ask for an applicant’s consent for keeping a background check.
Under Oregon state law, fees charged for Oregon rental application is non-refundable. Furthermore, Oregon landlords are required to charge a reasonable fee for the security deposit. Precisely, the security deposit must not exceed more than $90.
Oregon laws also regulate rent-related issues. Therefore, tenants are entitled to withhold rent in case the landlord fails to make necessary repairs.
Overall, both Oregon landlords and tenants must follow their legal duties and rights to prevent future conflicts.
Oregon rental application helps landlords to screen the applicants and their eligibility for leasing property. It allows both parties to exercise their rights regarding rental property.
If you want to lease the property to someone, make sure you use the Oregon rental application to verify his/her creditworthiness. Visit our website CocoSign to download a free yet great template for Oregon Rental Application.
We also provide various templates for different types of legal agreements. Choose any template that matches your needs.